Great Diamond Partners LLC Raises Position in Welltower Inc. $WELL

Great Diamond Partners LLC boosted its holdings in Welltower Inc. (NYSE:WELL) by 15.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 19,729 shares of the real estate investment trust’s stock after buying an additional 2,710 shares during the quarter. Great Diamond Partners LLC’s holdings in Welltower were worth $3,515,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in WELL. Zions Bancorporation National Association UT grew its holdings in Welltower by 4.2% in the 2nd quarter. Zions Bancorporation National Association UT now owns 1,604 shares of the real estate investment trust’s stock valued at $247,000 after buying an additional 65 shares during the period. Cornerstone Wealth Group LLC lifted its holdings in shares of Welltower by 4.7% during the 2nd quarter. Cornerstone Wealth Group LLC now owns 1,460 shares of the real estate investment trust’s stock worth $225,000 after acquiring an additional 66 shares during the period. Natural Investments LLC boosted its position in shares of Welltower by 5.0% in the third quarter. Natural Investments LLC now owns 1,410 shares of the real estate investment trust’s stock worth $251,000 after acquiring an additional 67 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its position in shares of Welltower by 3.6% in the third quarter. Dynamic Advisor Solutions LLC now owns 1,934 shares of the real estate investment trust’s stock worth $345,000 after acquiring an additional 68 shares during the last quarter. Finally, Rise Advisors LLC grew its holdings in Welltower by 23.3% in the first quarter. Rise Advisors LLC now owns 365 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 69 shares during the period. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WELL has been the topic of a number of recent analyst reports. UBS Group increased their price target on shares of Welltower from $203.00 to $232.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Cantor Fitzgerald upped their price objective on Welltower from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Raymond James Financial reiterated a “strong-buy” rating on shares of Welltower in a report on Tuesday, September 2nd. Scotiabank boosted their price target on Welltower from $182.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday, November 13th. Finally, Jefferies Financial Group restated a “buy” rating and set a $231.00 price target on shares of Welltower in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Welltower currently has a consensus rating of “Moderate Buy” and a consensus target price of $204.80.

Welltower Stock Performance

Shares of WELL stock opened at $189.54 on Tuesday. The company has a current ratio of 5.47, a quick ratio of 5.47 and a debt-to-equity ratio of 0.43. The company has a market cap of $130.09 billion, a PE ratio of 130.72, a P/E/G ratio of 1.49 and a beta of 0.84. The company’s fifty day simple moving average is $191.27 and its 200-day simple moving average is $173.61. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $209.05.

Welltower (NYSE:WELL) last announced its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.04. Welltower had a net margin of 9.69% and a return on equity of 2.71%. The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same period in the prior year, the company earned $1.11 EPS. The firm’s revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities research analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Tuesday, November 11th were paid a $0.74 dividend. The ex-dividend date was Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.6%. Welltower’s dividend payout ratio (DPR) is 204.14%.

Welltower Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.